# NASA Federal Credit Union

> NASA Federal Credit Union is a member-owned financial cooperative serving consumers nationwide and businesses in its Mid-Atlantic market. Founded in 1949 by seven members with $2 in deposits, it offers checking, savings, certificates, consumer lending, mortgages, digital banking and access to financial planning. A complimentary National Space Society affiliation provides a membership route for people without NASA employment or family ties. In July 2026, it reported more than 238,000 members and approximately $5.7 billion in assets.

- **Founded:** 1949
- **Headquarters:** Upper Marlboro, United States
- **Products:** Everyday, Premium and Elite Checking, Savings, money markets, IRAs and HSAs, Share certificates, Consumer loans and credit cards, Mortgages and home equity
- **Notable:** Expanded from seven founding members and $2 in deposits in 1949 to more than 238,000 members and approximately $5.7 billion in assets reported in July 2026., Alkami reported an app-rating increase from 1.3 to 4.9 following the November 2023 platform launch., Received the Digital Transformation FIsionaries Award at Alkami Co:lab 2026.

## Products & services

- **Everyday, Premium and Elite Checking** — Consumer checking tiers with debit rewards and digital access. October 2026 monthly fees are $8, $7 and $10 respectively; Everyday’s fee can be waived through qualifying balance or direct deposit. Premium and Elite include additional benefits powered by BaZing.
- **Savings, money markets, IRAs and HSAs** — Deposit accounts for everyday savings, retirement and eligible healthcare spending. Membership requires a savings account with a $5 minimum deposit.
- **Share certificates** — Fixed-term deposit products, including standard, add-on, youth and bump-rate options. Minimum deposits vary; early withdrawal penalties can reduce earnings.
- **Consumer loans and credit cards** — Auto financing and refinancing, personal loans, revolving credit and credit cards, subject to underwriting and product terms.
- **Mortgages and home equity** — Home purchase, refinance and home-equity financing. Selected programs offer zero-down financing without PMI for well-qualified borrowers in designated markets; geographic restrictions apply.
- **Digital banking** — Mobile and online access, card lock/unlock, check deposits, account alerts, transfers, credit-score access and mortgage management. Alkami platform launched in November 2023.
- **Business checking and financing** — Business accounts, equipment and vehicle financing, commercial real-estate lending and lines of credit. Business credit products are limited to approved industries operating in Maryland, Virginia and D.C.
- **NASA Federal Investment Services** — Financial, retirement, college-savings and estate-planning strategies with securities and advisory services through LPL Financial. Investment products are not NCUA-insured and may lose value.

## Achievements

- Expanded from seven founding members and $2 in deposits in 1949 to more than 238,000 members and approximately $5.7 billion in assets reported in July 2026.
- Alkami reported an app-rating increase from 1.3 to 4.9 following the November 2023 platform launch.
- Received the Digital Transformation FIsionaries Award at Alkami Co:lab 2026.
- Announced a Celent Model Risk Manager of the Year award in July 2026.
- Reported a 42% reduction in AML false positives and 41% reduction in manual review time after risk-platform modernization.
- Awarded 2026 scholarships to seven student members, with individual awards from $2,000 to $12,000.

## Latest updates

- **2026-07** — Announced Celent risk-management award and company-reported operational improvements from DataVisor fraud/AML modernization.
- **2026-06** — Announced seven scholarship recipients, with awards ranging from $2,000 to $12,000.
- **2026-04** — Reported Digital Transformation recognition at Alkami Co:lab 2026.
- **2025-01** — Alkami announced NASA Federal’s adoption of push provisioning, allowing eligible cards to be used digitally before physical delivery.

## Links

- Website: https://www.nasafcu.com/
- LinkedIn: https://www.linkedin.com/company/nasa-federal-credit-union
- Twitter/X: https://twitter.com/nasafcu
- YouTube: https://www.youtube.com/@NASAFederalCU
- Instagram: https://instagram.com/nasafcu
- Facebook: https://www.facebook.com/nasafcu

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Published by YesPress — https://yespress.io
Last updated: 2026-10-24